Tuesday, July 16, 2019

Long Beach Cargo Volumes Down

By Karen Robes Meeks

Tariffs continue to dampen cargo movement at the Port of Long Beach, which moved 677,167 TEUs last month, 10 percent fewer containers than it did in 2018, according to the newest port statistics.

Imports in June fell 13.7 percent to 331,617 TEUs, while exports dipped 1 percent to 133,833 TEUs. Empty containers were also down 9.1 percent to 211,718 TEUs.

Escalating tariffs brought on by the trade dispute between the US and China prompted retailers to quickly ship goods in 2018 before tariffs took effect, according to Port Executive Director Mario Cordero.

“For 2019, it seems that the cargo is all here and warehouses are filled,” he said. “That’s disrupting container movement and the growth we would normally see this time of year.”